$404,000
SOLD MAY 9, 2012
2 Beds
1 Bath
735 Sq Ft
$99/mo HOA Fee

Recently Sold

$550 Per Sq Ft

4% Below List Price

22 Days on Market

Highlights

  • No Units Above
  • Deck
  • Wood Flooring
  • Somerville High School Rated A-
  • Property is near public transit
  • Corner Lot

About This Home

As of November 2017

Unbelievable location. So close to 2 great destinations: Porter & Davis. Elegance & light define this attractive, renovated 2-BR condominium. Open living/dining area features soaring ceilings, exposed brick, skylight & a possible loft space. Kitchen with granite counter tops & breakfast bar. 2 large bedrooms with ample closet space. 2 exclusive-use outdoor areas: a deck off the master BR and a balcony off the LR. In-unit laundry. Basement storage.

Last Agent to Sell the Property

Catherine Luther

Channing Real Estate Listed on: 02/10/2012

Last Buyer's Agent

Nichole Savenor

Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,438

Year Built

  • Built in 1885

Lot Details

  • No Units Above
  • End Unit

HOA Fees

  • $99 Monthly HOA Fees

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 735 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Intercom

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Washer

Outdoor Features

  • Balcony
  • Deck

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Kennedy Elementary And Middle School
  • Somerville High School

Utilities

  • Forced Air Heating and Cooling System
  • 1 Cooling Zone
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 4735260

Community Details

Overview

  • Association fees include insurance, ground maintenance, snow removal
  • 6 Units
  • Low-Rise Condominium
  • 161 163 Elm Street Condominium Community

Amenities

  • Shops

Recreation

  • Community Pool
  • Jogging Path
  • Bike Trail

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,438

Year Built

Built in 1885

Lot Details

0

HOA Fees

$99 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Low-Rise
  • Year Built: 1885
  • Buyer Agency: 2.5
  • Buyer Agency Type: %
  • Entry Level: 3
  • Transaction Broker: 1.0
  • Transaction Broker Type: %
  • Year Built Details: Approximate,Renovated Since
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Wood
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer, Gas Water Heater
  • Total Bedrooms: 2
  • Room Bedroom2 Level: First
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Level: First
  • Master Bathroom Features: No
  • Bathroom 1 Level: First
  • Room Kitchen Level: First
  • Laundry Features: First Floor, In Unit
  • Room Living Room Level: First
  • Living Area: 735
  • Stories Total: 1
  • MAIN LO: BB4044
  • LIST PRICE PER Sq Ft: 570.07
  • PRICE PER Sq Ft: 549.66
  • MAIN SO: an6181

Exterior Features

  • Exterior Features: Balcony
  • Common Walls: No One Above, End Unit, Corner
  • Construction Materials: Frame
  • Patio And Porch Features: Deck - Roof
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Security Features: Intercom
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Fee: 98.71
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Pool, Walk/Jog Trails, Bike Path, T-Station, University
  • Senior Community YN: No
  • UNIT BUILDING: 3
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Maintenance Grounds, Snow Removal

Lot Info

  • Parcel Number: 4735260
  • Zoning: ?
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 1
  • OUTDOOR SPACE AVAILABLE: Yes - Private

Rental Info

  • Pets Allowed: Breed Restrictions

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 2437.61
  • Tax Book Number: 1

Multi Family

  • Number Of Units Total: 6
  • NO UNITS OWNER OCC: 6

MLS Schools

  • High School: Somerville Hs
  • Elementary School: Kennedy
  • Middle Or Junior School: Kennedy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2020
Sold by
Hill Lloyd M and Verly-Hill Frederique
Bought by
Verly-Hill Frederique and Hill Lloyd M
Current Estimated Value
$767,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,606
Outstanding Balance
$479,612
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$265,650

Purchase Details

Listed on
Sep 6, 2017
Closed on
Nov 10, 2017
Sold by
Fechner Maximilien and Minot Ariana
Bought by
Hill Lloyd M and Verly Frederique N
Seller's Agent
Nichole Savenor
Compass
Buyer's Agent
The Residential Group
William Raveis R.E. & Home Services
List Price
$549,000
Sold Price
$635,000
Premium/Discount to List
$86,000
15.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.09%
Original Mortgage
$565,000
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 10, 2012
Closed on
May 9, 2012
Sold by
Vichniac Alexis and Vichniac Avi M
Bought by
Fechner Maximilien and Minot Ariana
Seller's Agent
Catherine Luther
Channing Real Estate
Buyer's Agent
Nichole Savenor
Compass
List Price
$419,000
Sold Price
$404,000
Premium/Discount to List
-$15,000
-3.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.55%
Original Mortgage
$100,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2008
Sold by
161 & 163 Elm Llc
Bought by
Vichniac Alexis and Vichniac Avi M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Not Resolvable $635,000 --
Warranty Deed $404,000 --
Warranty Deed $385,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $535,606 New Conventional
Previous Owner $565,000 New Conventional
Previous Owner $100,000 New Conventional
Previous Owner $303,000 No Value Available
Previous Owner $308,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2017 11/10/17 Sold $635,000 +15.7% $864 / Sq Ft
09/13/2017 09/13/17 Pending -- -- --
09/06/2017 09/06/17 For Sale $549,000 +35.9% $747 / Sq Ft
05/09/2012 05/09/12 Sold $404,000 -3.6% $550 / Sq Ft
03/03/2012 03/03/12 Pending -- -- --
02/10/2012 02/10/12 For Sale $419,000 -- $570 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,820 $716,800 $0 $716,800
2024 $7,287 $692,700 $0 $692,700
2023 $7,100 $686,700 $0 $686,700
2022 $6,868 $674,700 $0 $674,700
2021 $6,654 $653,000 $0 $653,000
2020 $6,236 $618,000 $0 $618,000
2019 $6,585 $612,000 $0 $612,000
2018 $6,305 $557,500 $0 $557,500
2017 $5,589 $478,900 $0 $478,900
2016 $4,937 $394,000 $0 $394,000
2015 $4,938 $391,600 $0 $391,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71337248

MLS Property Information Network (MLS PIN)

APN: SOME-000025-F000000-000010-000163-3